1-bed · 814 sqftThe Polo Residences C6, Meydan City · 2nd floor · completed 2017

209, The Polo Residences C6

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 838K19 April 2023
Current rentAED 60K /yr2 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, The Polo Residences C6

What is 209 worth today?

Last sold for AED 838,300 in 2023

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19 Apr 2023SoldReady
AED 838,300AED 1,030 per sqft
2 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
1 Nov 2020RentedNew contract
AED 60,000/yr13 months · AED 74 per sqft
8 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
1 Jul 2018RentedNew contract
AED 84,000/yr12 months · AED 103 per sqft
11 Feb 2018RentedNew contract
AED 84,000/yr12 months · AED 103 per sqft
18 May 2017Sold by developerReady
AED 1,020,753AED 1,254 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
2nd of 4
Parking
G-31
Developer
IGO Property Development
Completed
2017
Service charge
AED 12,800 /yr
Last sold
AED 838K · April 2023

About 209, The Polo Residences C6

209 is a one-bedroom apartment of 814 sqft on the 2nd floor of The Polo Residences C6, a 4-storey tower in Meydan City completed in 2017 by IGO Property Development. It last sold on 19 April 2023 for AED 838,300, or AED 1,030 per sqft, 3% below the AED 1,064 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 2 December 2021, is AED 60,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in The Polo Residences C6
800K1M2017201920212023Typical sale price by year: 2017 AED 1,119,460; 2023 AED 960,000Sold by developer, May 2017: AED 1,020,753 (AED 1,254 per sqft)Sold, April 2023: AED 838,300 (AED 1,030 per sqft)

209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, each contractTypical one-bed in The Polo Residences C6
60K80K2018202120242027Typical rent by year: 2018 AED 89,000; 2019 AED 73,846; 2020 AED 62,500; 2021 AED 62,500; 2022 AED 75,000; 2023 AED 82,500; 2024 AED 86,500; 2025 AED 85,000; 2026 AED 84,000New contract, February 2018: AED 84,000 a yearNew contract, July 2018: AED 84,000 a yearNew contract, August 2019: AED 70,000 a yearNew contract, November 2020: AED 60,000 a yearRenewal, December 2021: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Polo Residences C6, and where 209 sits

All 15 1-beds →

209 last sold in April 2023 at AED 1,030 per sqft, 3% below what one-beds in The Polo Residences C6 were fetching at the time (AED 1,064). Over the last 12 months one-beds sold for AED 1,600,000, around AED 1,776 per sqft, and rent for AED 69,877 to 88,000 a year. 209's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 20261,600,000
29 Aug 20241,400,000
9 Nov 20231,250,000
26 Apr 2023945,000
1 1-bed sale in the last 12 months

The Polo Residences C6

Building

30 apartments, 1-bed to 3-bed over 4 floors in Meydan City, completed in 2017 by IGO Property Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,768
Typical sale
AED 2.15M
Typical rent
AED 85K /yr
Typical yield
5.5%
The Polo Residences C6, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 30 units in The Polo Residences C6
Value
2011-bedAED 860K · Mar 2023
2022-bedAED 1.77M · Apr 2023
2032-bedAED 1.77M · Mar 2023
2041-bedAED 1.4M · Aug 2024
2051-bedAED 965K · Apr 2023
2061-bedAED 960K · Apr 2023
2072-bedAED 1.85M · Sep 2023
1–7 of 8

209, The Polo Residences C6 in numbers

  • Sold twice: first on 18 May 2017 for AED 1,020,753, last on 19 April 2023 for AED 838,300 (AED 1,030 per sqft).
  • Rented since February 2018 on 5 Ejari contracts, from AED 84,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 12,800 a year (AED 15.67 per sqft).
  • One-beds in The Polo Residences C6 sold for AED 1,600,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,768 per sqft.

Source: Dubai Land Department. Updated 19 April 2023.

Questions about 209, The Polo Residences C6

What did unit 209 last sell for?

AED 838,300 on 19 April 2023: AED 1,030 per sqft for 814 sqft. The unit has 2 registered sales; the first was AED 1,020,753 in May 2017.

What is the rent for unit 209?

AED 60,000 a year on the contract renewed on 2 December 2021. The previous contract, from November 2020, was AED 60,000; the unit has been rented since February 2018.

How big is unit 209?

814 sqft (75.6 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Polo Residences C6 sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 1,776 per sqft.

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Mortgage on 209, The Polo Residences C6

Starts from the last sale price (AED 838K, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 838,300
Deposit, UAE resident (20%)
AED 167,660
Deposit, non-resident (40%)
AED 335,320
Monthly over 25 years at 3.7%
AED 3,430

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →